TRELUX: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TRELUX
Largest movements
- Cash +€48,727
up €48,727 (+359.4%), from €13,560 to €62,286
mainly Debts after one year (+€46,704) and Current investments (+€30,000)
- Current investments -€30,000
no longer reported in 2024 (was €30,000)
- Debts after one year +€46,704
up €46,704 (+2.4%), from €2.0m to €2.0m
- Profit (loss) carried forward -€37,981
down €37,981 (-22.1%), from -€172,024 to -€210,005
- Gross operating margin +€11,714
up €11,714 (+52.4%), from €22,362 to €34,077
- Other operating charges +€1,632
up €1,632 (+40.3%), from €4,054 to €5,686
- Financial charges +€1,171
up €1,171 (+2.6%), from €45,565 to €46,735
- Financial income +€1,170
up €1,170 (+1098.5%), from €107 to €1,277
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,156,010 | €2,156,160 | +€151 | 0.0% |
| Fixed assets | 21/28 | €2,112,331 | €2,091,418 | -€20,913 | -1.0% |
| Tangible fixed assets | 22/27 | €2,112,331 | €2,091,418 | -€20,913 | -1.0% |
| Land and buildings | 22 | €718,438 | €2,091,418 | +€1.4m | +191.1% |
| Other tangible fixed assets | 26 | €1,393,893 | - | -€1.4m | |
| Current assets | 29/58 | €43,679 | €64,742 | +€21,063 | +48.2% |
| Amounts receivable within one year | 40/41 | €32 | €865 | +€833 | +2607.4% |
| Trade receivables | 40 | - | €450 | +€450 | |
| Other amounts receivable | 41 | €32 | €415 | +€383 | +1198.7% |
| Current investments | 50/53 | €30,000 | - | -€30,000 | |
| Cash at bank and in hand | 54/58 | €13,560 | €62,286 | +€48,727 | +359.4% |
| Deferred charges and accrued income | 490/1 | €87 | €1,590 | +€1,503 | +1729.1% |
| Total equity and liabilities | 10/49 | €2,156,010 | €2,156,160 | +€151 | 0.0% |
| Equity | 10/15 | -€103,824 | -€141,805 | -€37,981 | -36.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€172,024 | -€210,005 | -€37,981 | -22.1% |
| Amounts payable | 17/49 | €2,259,834 | €2,297,965 | +€38,131 | +1.7% |
| Amounts payable after more than one year | 17 | €1,979,822 | €2,026,526 | +€46,704 | +2.4% |
| Financial debts | 170/4 | €1,979,822 | €2,026,526 | +€46,704 | +2.4% |
| Amounts payable within one year | 42/48 | €280,012 | €271,440 | -€8,572 | -3.1% |
| Trade debts | 44 | €2,214 | €4,043 | +€1,829 | +82.6% |
| Suppliers | 440/4 | €2,214 | €4,043 | +€1,829 | +82.6% |
| Other amounts payable | 47/48 | €277,798 | €267,397 | -€10,402 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,857 | €20,913 | +€56 | +0.3% |
| Other operating charges | 640/8 | €4,054 | €5,686 | +€1,632 | +40.3% |
| Gross operating margin | 9900 | €22,362 | €34,077 | +€11,714 | +52.4% |
| Operating profit (loss) | 9901 | -€2,548 | €7,478 | +€10,027 | |
| Financial income | 75/76B | €107 | €1,277 | +€1,170 | +1098.5% |
| Recurring financial income | 75 | €107 | €1,277 | +€1,170 | +1098.5% |
| Financial charges | 65/66B | €45,565 | €46,735 | +€1,171 | +2.6% |
| Recurring financial charges | 65 | €45,565 | €46,735 | +€1,171 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€48,007 | -€37,981 | +€10,026 | +20.9% |
| Profit (loss) for the period | 9904 | -€48,007 | -€37,981 | +€10,026 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,007 | -€37,981 | +€10,026 | +20.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.